The Fruits of Victory: A Sequel to The Great IllusionAngell, Norman
History
The Fruits of Victory: A Sequel to The Great Illusion
Angell, Norman
Economic history -- 1918-1945; World War, 1914-1918 -- Influence
The difficulties of an imperial policy in this respect do not differ
much in character from the difficulties encountered in Paris. The
British Empire, too, has its problems of 'Balkanisation,' problems that
have arisen also from the anti-social element of 'absolute' nationalism.
The present Nationalist fermentation within the Empire reveals very
practical limits to the use of political power. We cannot compel the
purchase of British goods by Egyptian, Indian, or Irish Nationalists.
Moreover, an Indian or Egyptian boycott or Irish agitation, may well
deprive political domination of any possibility of economic advantage.
The readiness with which British opinion has accepted very large steps
towards the independence and evacuation of Egypt after having fiercely
resisted such a policy for a generation, would seem to suggest that some
part of the truth in this matter is receiving general recognition. It is
hardly less noteworthy that popular newspapers--that one could not have
imagined taking such a view at the time, say, of the Boer war--now
strenuously oppose further commitments in Mesopotamia and Persia--and do
so on financial grounds. And even where the relations of the Imperial
Government with States like Canada or Australia are of the most cordial
kind, the impotence of political power for exacting economic advantage
has become an axiom of imperial statecraft. The day that the Government
in London proposed to set in motion its army or navy for the purpose of
compelling Canada or Australia to cease the manufacture of cotton or
steel in order to give England a market, would be the day, as we are all
aware, of another Declaration of Independence. Any preference would be
the result of consent, agreement, debate, contract: not of coercion.
But the most striking demonstration yet afforded in history of the
limits placed by modern industrial conditions upon the economic
effectiveness of political power is afforded by the story of the attempt
to secure reparations, indemnity, and even coal from Germany, and the
attempt of the victors, like France, to repair the disastrous financial
situation which has followed war by the military seizure of the wealth
of a beaten enemy. That story is instructive both by reason of the light
which it throws upon the facts as to the economic value of military
power, and upon the attitude of public and statesmen towards these
facts.
Public-domain text, read in full here on John Shaqi.
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